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Property profile & analytics
FOR LEASE
Medical Office Space

5420 Dashwood Dr Houston, TX 77081

61,765 SF 3.67 ac lot Built 1994
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US83-3320982
Property summary
AI-generated overview

This exceptional 1.636-acre commercial land parcel presents a remarkable investment opportunity in Houston, Texas. Strategically located at 5420 Dashwood Drive in Harris County, zip code 77032, this property boasts a prime location near Clarewood Drive and Chimney Rock Road, ensuring high visibility and accessibility. The land is currently available for purchase and is zoned for commercial use, making it ideal for a variety of ventures. With a land value of $24 per square foot, this represents a significant opportunity for developers and investors seeking a foothold in a thriving Houston market. The property's size and location offer considerable potential for development, particularly given its suitability for a daycare center, as indicated in the property's name. The site's proximity to major thoroughfares ensures convenient access for both employees and patrons. This offering provides a unique chance to acquire a substantial piece of land in a desirable area of Houston, ready for immediate development or future investment. The property is being offered through the City of Houston. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to secure this exceptional commercial land parcel.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1994
Construction STEEL FRAME
Total area 61,765 SF
Lot 3.67 ac (159,721 SF)
APN 1181950010001
UPID US83-3320982
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Legacy Community Health - Gulfton Dashwood - Family Clinic Medical Clinic
  • Dr. Amelita Basa, MD Physician
  • Star Spine Therapy Medical Clinic
  • Skin Shop medSpa Physician
  • Dr. Les Nowitz, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.54M
Owner & transaction history
Ev Bellaire LP
Ev Bellaire LP
since 2026
7 recorded transactions
2026
$6.6M
2021
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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